Latest revenue
$3.5M
as of 2026-03-31
Latest net income
$-1.3M
as of 2026-03-31
Net margin
-38.2%
as of 2026-03-31
ActaClear Score
Computed from 5 years of SEC fundamentals + latest market data, ranked within Miscellaneous Manufacturing Industries (7 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 7, 2026.
Fair value · DCF
DCF: 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Drag the slider to test your own growth thesis — the dominant assumption in any DCF is what comes next, not what the math does with it. Beta defaults to 1.0 when not reported.
Historical multiples
How does VTSI's current valuation compare to its own past?
P/E uses year-end weekly close ÷ (net income ÷ shares outstanding today). Held shares constant at today's count, which understates the per-share earnings improvement from buybacks over the period. PEG uses 5y revenue CAGR as a proxy for EPS growth — close, but not identical (margin expansion or dilution can drive a wedge). Best read as a comparator across companies and industries, not as a precise replica of historical multiples.
Community sentiment
Where do you think VTSI is heading?
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $37.9M
- Enterprise value
- $27.5M
- P/E (trailing)
- 146.6×
- Forward P/E
- —
- P/B
- 0.85×
- Dividend yield
- 0.0%
- 52-wk high
- —
- 52-wk low
- —
- Beta
- —
- Shares out
- 11.3M
5-year trend
What this company does
ITEM 1. BUSINESS. Our Corporate History We are a corporation organized and existing under the laws of the State of Nevada. The original business started in 1993 as Ferris Productions, Inc. In September 2001, Ferris Productions, Inc. merged with GameCom, Inc. to ultimately become VirTra Systems, Inc., a Texas corporation. Effective as of October 1, 2016, we completed a conversion from a Texas corporation to a Nevada corporation pursuant to a Redomestication Plan of Conversion (the “Plan of Conversion”) that was approved by our Board of Directors on June 23, 2016, and by our stockholders on September 16, 2016. As part of the Plan of Conversion, we filed Articles of Incorporation in Nevada…
AI summary unavailable — showing raw filing excerpt
Generated from VTSI's filing dated 2026-03-26
Key risks
ITEM 1A. RISK FACTORS In addition to the other information contained in this Annual Report on Form 10-K, we have identified the following risks and uncertainties that may have a material adverse effect on our business, financial condition or results of operations. You should carefully consider the risks described below before making an investment decision. Risks Related to Our Business We depend on international, federal, state, regional and local contracts for substantially all of our revenues and the loss of government contracts or a delay or decline in funding of existing or future government contracts could decrease our backlog or adversely affect our sales and cash flows and our…
AI summary unavailable — showing raw filing excerpt
Generated from VTSI's filing dated 2026-03-26
Profitability
Gross margin
67.9%
7.9%Operating margin
2.0%
74.2%Net margin
1.2%
77.7%Return on equity
0.6%
81.0%Return on assets
0.4%
81.0%Leverage
Debt / equity
0.43×
0.9%Long-term debt / equity
0.16×
3.1%Debt / assets
30.0%
0.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $3.5M | -51.5% | $-1.3M | -205.1% | -38.2% |
Q4 2025 2025-12-31 | $2.9M | -46.5% | $-792.4K | +10.8% | -27.2% |
Q3 2025 2025-09-30 | $5.3M | -28.5% | $-388.6K | -166.6% | -7.3% |
Q2 2025 2025-06-30 | $7.0M | +14.9% | $175.3K | -85.4% | 2.5% |
Q1 2025 2025-03-31 | $7.2M | -2.5% | $1.3M | +170.0% | 17.7% |
Q4 2024 2024-12-31 | $5.4M | — | $-888.3K | — | -16.3% |
Q3 2024 2024-09-30 | $7.5M | -1.0% | $583.1K | -64.3% | 7.8% |
Q2 2024 2024-06-30 | $6.1M | -41.2% | $1.2M | +17.0% | 19.8% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Miscellaneous Manufacturing Industries · SIC 3990
Your notes
Keep private notes on VTSI — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$115.6K
Insider selling
$0
Net activity
+$115.6K
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns VTSI
Institutional value
$4.6M
Total shares held
1.3M
Distinct holders
23
-21 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 445.6K | $1.7M | — | New |
| 2 | DIMENSIONAL FUND ADVISORS LP | 331.5K | $1.2M | +7.4K (+2.3%) | Added |
| 3 | BlackRock, Inc. | 127.0K | $471.4K | +2.5K (+2.0%) | Added |
| 4 | VANGUARD FIDUCIARY TRUST CO | 62.8K | $232.8K | — | New |
| 5 | United Advisor Group, LLC | 61.7K | $228.8K | +8.0K (+14.8%) | Added |
| 6 | ARS Investment Partners, LLC | 58.0K | $215.1K | -615 (-1.0%) | Trimmed |
| 7 | LPL Financial LLC | 50.1K | $185.7K | — | New |
| 8 | JANE STREET GROUP, LLC | 30.2K | $112.2K | -10.7K (-26.2%) | Trimmed |
| 9 | UBS Group AG | 26.2K | $97.3K | +10.9K (+71.2%) | Added |
| 10 | DIVERSIFY WEALTH MANAGEMENT, LLC | 13.2K | $58.3K | — | New |
| 11 | ESSEX INVESTMENT MANAGEMENT CO LLC | 12.9K | $47.7K | +0 (+0.0%) | No change |
| 12 | Ashton Thomas Private Wealth, LLC | 12.1K | $44.9K | — | New |
| 13 | Vanguard Global Advisers, LLC | 5.2K | $19.4K | — | New |
| 14 | SBI Securities Co., Ltd. | 2.4K | $8.7K | +0 (+0.0%) | No change |
| 15 | GROUP ONE TRADING LLC | 1.2K | $4.3K | -400 (-25.8%) | Trimmed |
| 16 | Russell Investments Group, Ltd. | 532 | $2.0K | +0 (+0.0%) | No change |
| 17 | FEDERATED HERMES, INC. | 520 | $1.9K | -383 (-42.4%) | Trimmed |
| 18 | NISA INVESTMENT ADVISORS, LLC | 73 | $271 | +0 (+0.0%) | No change |
| 19 | GSA CAPITAL PARTNERS LLP | 15.6K | $58 | — | New |
| 20 | ACADIAN ASSET MANAGEMENT LLC | 5.9K | $22 | -19.2K (-76.3%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
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